Hungarian farmgate prices up 7.3% in October

Agricultural producer prices in Hungary were 7.3% higher in October 2017 than in the corresponding month of the previous year. According to a first release of monthly data from the Central Statistical Office (KSH), this was made up of an increase of 8.0% in the prices of crop products and a 6.2% rise in prices of live animals and animal products.

According to a article, prices of fruit rose by 32% year-on-year in October. Within this segment, the price of apples for processing rose an outstanding 174%, and the price of grapes by 3.0%. Vegetable prices rose 10.2%, while the price of potatoes fell 11.3%.

In January–October 2017 agricultural producer prices went up by 4.5% compared to the equivalent period of the previous year. Fruit prices were up 17.0%, while vegetable prices were up by 0.2% in total over the first ten months. The price of tomatoes increased by 5.2%, while that of carrots fell by 11% and onions by 4.0%. Potato prices fell by 9.8%.

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